E&S/Specialty

A Chinese drywall maker announced that it settled a case brought against it by U.S. homebuilder, Beazer Homes, for an undisclosed dollar amount.

U.S. commercial property and casualty insurance rates were down 4 percent on average last month.

With all tourist attraction businesses suffering in this struggling economy, insurers writing bed and breakfast establishments are experiencing many of the same problems as those who handle larger, more standard hotel risks.

Securities class actions, and to a somewhat lesser extent shareholder derivative litigation, have historically presented the largest class of claims exposures to directors and officers liability insurers.

What does one learn after covering insurance news for 15 years? NU Online News Editor Dan Hays reflects on his career as he begins retirement.

The individual most responsible for NU's success in online news--Assistant Managing Editor Daniel Hays--is retiring this week, and his colleagues and readers alike are going miss him dearly, says Editor Sam Friedman in his blog at www.NUSamSoapbox.com.

Sen. Jeff Merkley, D-Ore., has introduced an amendment to financial services regulatory legislation now pending in the Senate that would drastically reduce the authority of the Office of National Insurance it would create.

Specialty insurer Markel announced the creation of a three member office of the president with two executives assuming the title of co-chief operating officer.